he Cambro Foundation, a nonprofit organization, is planning to invest $159,257 in a project that will last for three years. The project will produce net cash inflows as follows:

Year 1 $64,000

Year 2 $72,000

Year 3 ?

Click here to viewExhibit 7B-1andExhibit 7B-2, to determine the appropriate discount factor(s) using table.

Required:

Assuming that the project will yield exactly a 11% rate of return, what is the expected net cash inflow for Year 3?